snour

OIH needs some bullish power to rebound and beat resistance

snour Updated   
EGX_DLY:OIH   ORASCOM INVESTMENT HOLDING
1-hour chart, OIH needs a quick rebound - otherwise a correction will happen to 0.374 extendable to 0.362
New buy entry above 0.405

Above resistance (BLUE line), the target will be 0.512 extendable to 0.521
RSI is positive, in the buy area.
MACD is negative: downwards is highly possible.
Trade active
Trade active:
The target has been activated.

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